Luxury retail giant Saks files for bankruptcy
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...
Elon Musk suggested letting AI run your 401 (k). Our readers weren't on board. AndreyPopov/Getty Images Elon Musk said this month that the AI revolution will make saving for retirement "irrelevant...
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...
Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...
Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...
FG Trade/Getty Images CEOs are struggling to turn AI investments into returns, according to a new PwC survey. Having a strong AI foundation is more likely to boost returns, the results showed. But onl...
Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
Consumers are spending more than ever on mobile apps. Anusak Laowilas/NurPhoto via Getty Images The "year of mobile" may finally be upon us. Mobile adtech firm Liftoff filed to go public this ...
AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...
Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...
An Allegiant flight attendant. David Becker/AP Flight attendants at ultra-low-cost carriers earn a base pay of between $22 and $68 per hour. Allegiant cabin crew earn higher base pay than those at Uni...
Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...
Verizon was down for tens of thousands of customers for most of the day on January 14, 2026. Paul Squire/Business Insider Over 170,000 Verizon customers reported a service outage on Wednesday. The out...
The turn of the century saw a rise in labor movements as industry grew largely unregulated. Bettmann/Getty Images Trump has credited a 19th-century US president for inspiring his aggressive approach t...
LinkedIn cofounder Reid Hoffman Dominik Bindl/Getty Images LinkedIn cofounder Reid Hoffman says most companies are thinking about AI adoption the wrong way. Instead of focusing on pilot projects, he s...
DoorDash's H1B visa data for 2025 spans roles from data science to managers overseeing new verticals for the delivery service. Chelsea Guglielmino/Getty Images DoorDash wants to expand its delivery bu...
JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...
Private jets from dozens of different countries arrived near Davos on Monday. Pete Syme/Business Insider Business Insider tracked private jets landing near Davos on the first day of the WEF annual mee...
Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...